Latest Crumbs Bake Shop Inc. Un (CRMBU) Headlines
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Crumbs Bake Shop, Inc. Partners With Pelican Bay Ltd.
PR Newswire - Thu Feb 06, 3:52PM CST
Crumbs Bake Shop, Inc. (NASDAQ: CRMB) the nation's largest cupcake specialty retail store is partnering with Pelican Bay Ltd., a gourmet bake mix and gift purveyor, to create a line of Crumbs Bake Shop premium cupcake mixes, hot chocolate kits, cupcake-in-a-mug kits and the first ever colossal cupcake kit. Introduced at the Winter Fancy Food Show in San Francisco, CA, the line will be sold at mass merchants, mid-tier merchants, club stores, craft stores and specialty stores across the country.
Crumbs Bake Shop, Inc. Announces Change to Board of Directors
PR Newswire - Wed Feb 05, 3:30PM CST
Edward M. Slezak, interim Chief Executive Officer and General Counsel of Crumbs Bake Shop, Inc. ("Crumbs") (NASDAQ: CRMB), has been elected to the Board of Directors following the January 30th resignation of Chairman of the Board, Edwin H. Lewis. In addition to his role as interim Crumbs Chief Executive Officer, Mr. Slezak also brings to the Board of Directors his many years of experience and expertise in the areas of legal, regulatory and compliance functions, including public company securities matters. Mr. Lewis had served as a director and as Chairman of the Board of Crumbs Bake Shop, Inc. since May 2011.
Crumbs Bake Shop and White Coffee partner to offer new coffee products
M2 - Thu Jan 30, 5:40AM CST
Crumbs Bake Shop Inc (Nasdaq:CRMB), a cupcake specialty retail store, and White Coffee, a provider of private-label coffee, announced on Wednesday the completion of a licensing agreement that will bring Crumbs Bake Shop brand packaged coffees and single-cup coffees to select retail outlets across the country.
Crumbs Bake Shop, Inc. Partners With White Coffee
PR Newswire - Wed Jan 29, 7:30AM CST
Crumbs Bake Shop, Inc. (NASDAQ: CRMB) the nation's largest cupcake specialty retail store, and White Coffee, an industry leader in private-label coffee, today announced the completion of a licensing agreement that will bring Crumbs Bake Shop brand packaged coffees and single-cup coffees to select retail outlets across the country. This new line of coffee products feature five flavor profiles, inspired by Crumbs' innovative gourmet cupcakes.
Crumbs Bake Shop closes USD5.0m senior secured credit facility with Fischer Enterprises
M2 - Fri Jan 24, 4:39AM CST
Crumbs Bake Shop Inc (Nasdaq:CRMB), an operator of a cupcake specialty store chain in the US, announced on Thursday the closing of a USD5.0m senior secured credit facility.
Crumbs Bake Shop, Inc. Completes $5 Million Senior Secured Credit Facility
PR Newswire - Wed Jan 22, 3:59PM CST
Crumbs Bake Shop, Inc. ("Crumbs") (NASDAQ: CRMB), the largest cupcake specialty store chain in the U.S., today announced the closing of a $5 million senior secured credit facility. The lender, Oklahoma-based Fischer Enterprises, has funded an initial $3.5 million and has committed to funding an additional $1.5 million on or before April 1, 2014. The combined proceeds will be used to implement the new business plan that Crumbs has been developing over the last two quarters. This plan focuses on aggressively developing a licensing program, strategically adding franchised stores to complement Crumbs' successful company-owned stores and the ongoing initiative of closing or co-branding existing stores that are currently unprofitable.
Crumbs Bake Shop, Inc.: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
PR Newswire - Mon Jan 13, 5:02PM CST
On January 8, 2014, Crumbs Bake Shop, Inc. (the "Company") received a letter from The NASDAQ OMX Group ("Nasdaq") indicating that the bid price of the Company's common stock for the last 30 consecutive days had closed below the minimum $1.00 per share required for continued listing under Nasdaq Listing Rule 5450(a)(1). The Company has been provided a period of 180 calendar days, or until July 6, 2014, to regain compliance. The letter states that the Nasdaq staff will provide written notification that the Company has regained compliance if at any time before July 6, 2014, the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days. In the event the Company does not regain compliance, the Company may be eligible for additional time, if it meets the continued listing requirement for market value of publicly held shares and all other listing standards, with the exception of the bid price requirement and provides written notice to Nasdaq of its intent to cure the deficiency, by effecting a reverse stock split, if necessary. If the Company is able to meet these requirements, the Nasdaq staff will inform the Company that it has been granted an additional 180 calendar days. If, however the Nasdaq staff determines that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company's securities will be subject to delisting.
Crumbs Bake Shop, Inc. Announces Interim Chief Executive Officer
PR Newswire - Wed Dec 11, 3:15PM CST
Crumbs Bake Shop, Inc. (NASDQ: CRMB), the nation's largest cupcake specialty retailer, today announced that Julian R. Geiger, its President and CEO, has informed the Company of his decision not to extend his current employment agreement, which terminates on December 31, 2013. Mr. Geiger will continue to serve as a member of the Company's Board of Directors. The Company also announced that the Board of Directors has appointed Edward M. Slezak as interim Chief Executive Officer. Mr. Slezak is currently the Company's Senior Vice President, General Counsel and Secretary, and will retain his duties as General Counsel and Secretary in addition to assuming the interim Chief Executive Officer role.
Crumbs Bake Shop, Inc. Reports Third Quarter 2013 Financial Results
PR Newswire - Thu Nov 14, 3:53PM CST
Crumbs Bake Shop, Inc. ("Crumbs") (NASDAQ: CRMB), the largest cupcake specialty store chain in the U.S., today reported financial results for the third quarter ended September 30, 2013.
Crumbs Bake Shop Celebrates Girl Scouts!
PR Newswire - Mon Oct 14, 1:54PM CDT
Crumbs Bake Shop (NSDQ: CRMB), the nation's largest cupcake specialty retailer, is proud to introduce the Crumbs Girl Scout Cupcake Collection inspired by everyone's favorite Girl Scout Cookies®. In addition to the Thin Mints® Cupcake made famous in celebration of National Girl Scout Cookie Day in February of this year, Crumbs, under a new license agreement with Girl Scouts of the USA, will introduce three new flavors: Girl Scouts Caramel & Coconut, Chocolate Peanut Butter Creme and Peanut Butter Cookie. The individual signature cupcakes, as well as a tastepack featuring all of these iconic flavors, and a Thin Mints® Colossal will be available beginning October 14th at Crumbs Bake Shops nationwide and online at www.crumbs.com. Prices for these delicious new desserts will range from $4.50 - $24.95.
Crumbs Bake Shop to open gluten-free store in October 2013 in New York
M2 - Mon Sep 16, 3:13AM CDT
Crumbs Bake Shop Inc (Nasdaq:CRMB), a specialty cupcake retailer, announced on Friday the planned opening of its first-ever gluten-free store in October 2013.
Crumbs Bake Shop Adds Gluten-Free
PR Newswire - Fri Sep 13, 7:00AM CDT
Crumbs Bake Shop, Inc. (NASDAQ: CRMB), the nation's largest specialty cupcake retailer announces the planned opening of the company's first-ever gluten-free store in October, 2013. Located in New York City's Greenwich Village (37 E. 8th St., between University and Broadway), Crumbs Gluten Free will feature the same cupcakes, cookies, brownies and pastries that the brand is known for in gluten-free versions. This new assortment will be baked at a completely gluten and peanut-free bakery and delivered fresh daily to the store. In addition to the cupcakes and pastries for which Crumbs Bake Shop is famous, Crumbs Gluten Free will also offer gluten-free breads, quiches, pies, tarts and more.
OTC Daily Alert Stock Watch - Crumbs Bake Shop, Inc (NASDAQ: CRMB)
WorldStockWire - Sat Aug 17, 7:15PM CDT
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Crumbs Bake Shop, Inc. Reports Second Quarter 2013 Financial Results
Business Wire - Thu Aug 08, 3:01PM CDT
Crumbs Bake Shop, Inc. ("Crumbs") (NASDAQ: CRMB), the largest cupcake specialty store chain in the U.S., today reported financial results for the second quarter ended June 30, 2013.
Crumbs Bake Shop Inc. to Release Second Quarter 2013 Financial Results on August 8, 2013
Business Wire - Thu Aug 01, 7:30AM CDT
Crumbs Bake Shop, Inc. ("Crumbs") (NASDAQ: CRMB), the largest cupcake specialty store chain in the U.S., today announced that it will release second quarter 2013 financial results on Thursday, August 8, 2013 after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from the investor relations portion of the Company's website at crumbs.com. Hosting the call will be Julian R. Geiger, President and Chief Executive Officer, and Chuck Ireland, SVP of Finance & Treasurer and Chief Financial Officer.
Crumbs Bake Shop closes sale of its USD10m senior convertible notes
M2 - Thu Jun 13, 5:18AM CDT
A US cupcake specialty store chain, Crumbs Bake Shop Inc (NASDAQ:CRMB) closed on the sale of the final USD3m of USD10m in aggregate principal amount of its senior unsecured convertible promissory notes, to accredited investors under its Securities Purchase Agreement with Michael Serruya (the purchase agreement), it stated on Wednesday.
Crumbs Bake Shop, Inc. Completes its $10 Million Senior Convertible Note Offering
Business Wire - Wed Jun 12, 4:15PM CDT
Crumbs Bake Shop, Inc. ("Crumbs") (NASDAQ: CRMB), the largest cupcake specialty store chain in the U.S., today announced that it has closed on the sale of the final $3 million of its $10 million in aggregate principal amount of its senior unsecured convertible promissory notes (the "Notes") to accredited investors pursuant to the terms of its previously-announced Securities Purchase Agreement with Michael Serruya (the "Purchase Agreement"). The first sale of $7 million in aggregate principal amount of its Notes closed on May 10, 2013 and the second sale of $3 million in aggregate principal amount of its Notes closed on June 11, 2013, completing the capital raise contemplated by the Purchase Agreement.
Crumbs Bake Shop partners with Chef David Burke to offer new lunch items
M2 - Thu May 16, 8:25AM CDT
Crumbs Bake Shop Inc (Nasdaq:CRMB), a speciality cupcake retailer, announced on Wednesday the signing of a co-branding agreement with Chef and Restaurateur David Burke, to create and produce an exclusive line of fresh gourmet sandwiches and salads.
David Burke Partners with Crumbs Bake Shop
Business Wire - Wed May 15, 3:01PM CDT
Crumbs Bake Shop, Inc. (NASDAQ: CRMB), the nation's largest specialty cupcake retailer, today announces a co-branding agreement with Chef and Restaurateur David Burke, well known for his inventive modern American cuisine, to create and produce an exclusive line of fresh gourmet sandwiches and salads. Launching in mid-June, the lunch menu items will be sold at select Crumbs locations in Manhattan and the NYC metropolitan area, with the intention to roll out to other markets.
Crumbs Bake Shop, Inc. Reports First Quarter 2013 Financial Results
Business Wire - Tue May 14, 3:00PM CDT
Crumbs Bake Shop, Inc. ("Crumbs") (NASDAQ: CRMB), the largest cupcake specialty store chain in the U.S., today reported financial results for the first quarter ended March 31, 2013. In addition, the Company reiterated its financial outlook for 2013.